Fusion Finance Limited Allots ₹150 Crore Debentures on Private Placement Basis

1 min read     Updated on 29 Dec 2025, 03:03 PM
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Reviewed by
Riya DScanX News Team
Overview

Fusion Finance Limited has successfully completed the allotment of ₹150 crore debentures through private placement, with comprehensive security arrangements and regulatory compliance. The debentures offer attractive returns with monthly coupon payments and are secured by the company's receivables with Catalyst Trusteeship Limited as trustee.

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*this image is generated using AI for illustrative purposes only.

Fusion Finance Limited 's Working Committee has approved a significant debenture allotment worth ₹150.00 crores. The company, formerly known as Fusion Micro Finance Limited, conducted a meeting on December 29, 2025 to deliberate on this private placement initiative, as disclosed in their regulatory filing to stock exchanges.

Debenture Allotment Details

The Working Committee approved the allotment of 15,000 senior, secured, rated, listed, redeemable, transferable, taxable, non-convertible debentures through private placement. Each debenture carries a face value of ₹1,00,000, collectively aggregating to ₹150,00,00,000.

Parameter: Details
Number of Debentures: 15,000
Face Value per Debenture: ₹1,00,000
Total Issue Size: ₹150.00 crores
Issue Type: Private Placement
Listing Exchange: BSE Limited (Wholesale Debt Market)
Green Shoe Option: ₹50.00 crores

Interest and Maturity Structure

The debentures offer a coupon rate of 10.95% per annum with monthly payment schedule. The tenure of the debentures is set at 30 months from the deemed date of allotment.

Timeline: Details
Tenure: 30 months
Coupon Rate: 10.95% per annum
Payment Frequency: Monthly
Deemed Date of Allotment: December 29, 2025
Maturity Date: June 29, 2028

Security and Charge Structure

The debentures are secured by a comprehensive charge mechanism to protect investor interests. The outstanding principal amount is secured by a first ranking and exclusive charge of 1.10x over the company's identified receivables, including present and future receivables that are free from any encumbrances, charges, or liens. The security is created through a deed of hypothecation executed on December 26, 2025, with Catalyst Trusteeship Limited serving as the debenture trustee.

Regulatory Compliance and Meeting Details

The allotment was conducted in accordance with Regulation 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Working Committee meeting commenced at 02:00 PM IST and concluded at 02:35 PM IST on December 29, 2025. The company filed the outcome with both NSE and BSE through letter number FFL/SEC/2025-26/SE-95, ensuring complete regulatory compliance and transparency in the debenture issuance process.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-10.72%-15.60%-14.59%+16.30%-49.44%

UGRO Capital Withdraws Non-Convertible Debentures Issuance Under Regulation 30

1 min read     Updated on 23 Dec 2025, 07:30 PM
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Reviewed by
Radhika SScanX News Team
Overview

UGRO Capital Limited has withdrawn its proposed Series 2 Non-Convertible Debentures issuance, reversing an earlier approval by the Investment and Borrowing Committee dated December 17, 2025. The withdrawal decision was made on December 22, 2025, citing internal considerations, and was communicated to stock exchanges on December 24, 2025, under SEBI regulatory compliance requirements.

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*this image is generated using AI for illustrative purposes only.

UGRO Capital Limited has announced the withdrawal of its proposed issuance of Non-Convertible Debentures under Series 2, reversing an earlier decision made by the company's Investment and Borrowing Committee. The company communicated this development to both BSE Limited and National Stock Exchange of India Limited on December 24, 2025.

Committee Decision Reversal

The withdrawal comes just a week after the Investment and Borrowing Committee meeting held on December 17, 2025, which had approved the issuance of listed, rated, senior, secured/unsecured, transferable, redeemable Non-Convertible Debentures on a private placement basis. The committee had initially planned the issuance in one or more tranches under Series 2.

Parameter: Details
Original Approval Date: December 17, 2025
Withdrawal Decision Date: December 22, 2025
Notification Date: December 24, 2025
Debenture Type: Non-Convertible Debentures
Series: Series 2
Placement Method: Private placement basis

Regulatory Compliance

The notification was made pursuant to Regulation 30 read with Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. UGRO Capital has informed both stock exchanges about this corporate development, maintaining transparency with regulatory authorities and investors.

Internal Considerations

The company cited internal considerations as the reason for withdrawing the proposed debenture issuance. The decision was taken on December 22, 2025, indicating a swift reassessment of the funding strategy within days of the original approval. No specific details were provided regarding the nature of these internal considerations.

Company Information

The communication was signed by Satish Kumar, Company Secretary and Compliance Officer of UGRO Capital Limited. The company operates under CIN L67120MH1993PLC070739 and maintains its registered office at Equinox Business Park, Tower 3, 4th Floor, LBS Road, Kurla (West), Mumbai-400070. The information has been made available on the company's website at www.ugrocapital.com for stakeholder reference.

Historical Stock Returns for Fusion Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-10.72%-15.60%-14.59%+16.30%-49.44%

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1 Year Returns:+16.30%